Palm oil and cocoa producer, operating the world’s first Fair Trade and organic crude palm oil mill.
With the SDU’s support, Serendipalm aims to expand Fair Trade and organic palm oil and cocoa production capacity, increase productivity and improve post-harvest control. The SDU’s activities include: purchasing updated cutting equipment for local farmer cooperatives; installing centralised drying systems to improve cocoa bean quality; scaling-up dynamic agroforestry (DAF) implementation (see below); and providing training in best practices, certification and quality control. The SDU is focusing on Serendipalm’s existing farmers before extensively rolling out these initiatives.
|Investment||Total invested||Investment type||Start date|
|Babator Farming Company (BFC)||$6,900,000||Debt / Equity||2016|
|Faranaya Agribusiness Centre Ltd||-||Technical assistance||2018|
|Mother's Shea Limited (Naasakle International LLC)||-||Technical assistance||2018|
|Nurevas||$5,750,000||Debt / Equity||2016|
|Serendipalm Company Ltd||-||Technical assistance||2018|